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Periodical article Periodical article Leiden University catalogue Leiden University catalogue WorldCat catalogue WorldCat
Title:Slow growth, supply shocks and structural change: the GDP of the Cape Colony in the late nineteenth century
Authors:Greyling, LorraineISNI
Verhoef, GrietjieISNI
Year:2015
Periodical:Economic history of developing regions (ISSN 2078-0397)
Volume:30
Issue:1
Pages:23-43
Language:English
Geographic terms:South Africa
The Cape
Subjects:gross national product
economic history
1800-1899
Link:https://doi.org/10.1080/20780389.2015.1012711
Abstract:The trajectory of South African economic development starts in the colonial economies. No systematic data exists on the Gross Domestic Product of the territories that formed the Union of South Africa in 1910. A comprehensive project to reconstruct nineteenth-century Gross Domestic Project (GDP) for the different territories can now report for the first time on actual Cape Colony GDP data. This paper presents the findings of reconstructed Cape Colony GDP according to the System of National Accounts (SNA). It confirms earlier estimates, refines very tentative projections of Cape Colony GDP during the nineteenth century and offers new insights into the nature and direction of the settler economy in the nineteenth century. It also pioneers data on the Cape Colony GDP and is the first in a series outlining nineteenth-century GDP of the territories that formed the Union of South Africa in 1910. Bibliogr., note, sum. [Journal abstract]
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